Well, thanks to that long rant I posted here, you all know my position.
I have already made enough money from sales to pay for all of my reg fees in the past and for quite a few years in the future. Not enough to quit my other businesses. If I were to make domains my full time business, I would certainly adhere to the the marketing rule of thumb - "Spend at least 10% of the desired revenue on marketing". I can say, without fail, every time that I have spent a "reasonable" amount of money marketing a domain (even .info or .biz) that it has come back to me tenfold.
Please understand, I wish that the end users would just do whois searches and send me emails offering $xxx,xxx,xxx. Come on folks, business rules still apply in the cyber world and that means for ccTLDs (including .sg, .mn, and .vn).
You can't sell a secret!
Spot on with both your postings DomainsGT. (and yours BILLBO)
1. All premium generic name ccTLD's will do very well in the coming years, but with all good names, they will require marketing. The world is not yet ready for fly.mn but in a few years time it will be and that is the time to market heavily.
2. .com will be a shrinking market and BILLBO is right. Companies will see the light and have instant branding for a fraction of the cost and have a healthy budget left over for serious marketing.
3. .com will become unnatainable for most companies. It will be down to the very few truly global players. In fact, they will swallow up companies not for their performance, but for their domain name!
Here is an example: golf.com ... owned by "Time4 Media". Owners of "Golf Magazine" and no doubt a few other publications. A large fish will come along and want the name golf.com, but knowing they would never sell, they will buy the company, and the publication side will become an offshoot and could quite easily be sold off as all they really want is the name.
So that leaves a million other companies wanting instant branding. Watch this space in a few years time .......
As for all the 3 letter .coms being bought and sold at the moment? It is speculators, how many comapnaies are buying???
You can keep your exd, xzd, gjq.com's. The only people you will be selling to is other domainers. They will just keep going round and round.
WhoDatDog.....
The smart investor never stops looking "outside the box"
I have plenty names in other extentions. As for .mn ...
fly.mn
bet.mn
oil.mn
recycle.mn
organic.mn
tickets.mn
I'm happy to wait until the market is ready.
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